Banking giant Lloyds has revealed it will give a £1k bonus to thousands of its staff. Lloyds has said that 64,182 of its employees are eligible for the boost.
The bonus is being given as the rising cost of living continues to impact people across the UK, BirminghamLive reports. A spokesperson for Lloyds said: "As the rising cost of living continues to impact our people and our customers, we’ve been assessing the evolving outlook for inflation and considering how we can support you even further.
"This support is designed to help you during these uncertain economic times and is in addition to the steps we’ve already taken to increase the support available both to you and our customers."